2017 Budget Overview: Specific Tax Provisions in GST

Review specific tax provision in GST news, announced by the Government in the 2016 Federal Budget.

• GST ON TAXI RIDE SHARING SERVICES will be subject to GST as of July 1, 2017.

• GST  ON MEDICAL TREATMENTS – GST is not charged on non-prescription drugs that are used to treat life-threatening conditions.  This will now include Naloxone and its salts used to treat an opioid overdose as of March 22, 2016.

• GST/HST REBATE TO NON-RESIDENTS FOR TOUR PACKAGE ACCOMMODATIONS – on that portion of the package that applies to accommodations is repealed as of Budget Day.  However, a transitional provision will apply before January 1, 2018 if all the consideration is paid before January 1, 2018.

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